Price Action Trading (PAT) - Amplifying Market Insights

Quoting Pat Chiko

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{quote} Nahhh. it is not crazy day...... it is the set up made traders go crazy... BTW, this phase is a bit tricky for newbie like me. It is transition between distribution and reaccumulation. As you're aware, tomorrow is UK Official Bank Rate, this is where GBP may slide under. But before doing that, MM trying to get traders who are shorting now trapped. Dance begin. I'm watching on H1 /M30 what formation they want display first. Coz the first one is always the fake moves. I will post more chart and thought process later, as price making...

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Quoting Pat Chiko

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{quote} Nahhh. it is not crazy day...... it is the set up made traders go crazy... BTW, this phase is a bit tricky for newbie like me. It is transition between distribution and reaccumulation. As you're aware, tomorrow is UK Official Bank Rate, this is where GBP may slide under. But before doing that, MM trying to get traders who are shorting now trapped. Dance begin. I'm watching on H1 /M30 what formation they want display first. Coz the first one is always the fake moves. I will post more chart and thought process later, as price making...

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Quoting Waveskierrob

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{quote} Sorry not forex GU has been pretty tame, I was talking more about the indices DJIA in particular 600 pip drop in just over an hour...😉😁

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Quoting Pat Chiko

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{quote} Hey Waveskie. my raw mapping, will do some fine tuning as we move along. kind of crude ideas only........ GU Throwing out some ideas, no trades yet. Need to see this get done by Tokyo. I hope by the time the UK Official Bank Rate annoucment we can see QM/HNS formation complete or just about there. This is the possible way to trap seller. Any contructive comment and view are welcome. {image} {image}

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Quoting Waveskierrob

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{quote} Home tomorrow so will have chance for a better look...🤓

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Quoting eyefeelsix

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{quote} Coreg, I always anticipate for the next movement if my sl broken {image}

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Quoting Pat Chiko

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{quote} Regret I cannot come over to your house tomorrow, as I will start fasting for next 30 days. Going to be tough for few days until 2nd week, everything is normalise. So no more party for newx Friday...

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Quoting Pat Chiko

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{quote} Ohhh. OK. Sorry abt that., my englis is poor........... (reminder of someone long time ago.....)

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Quoting Pat Chiko

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{quote} Regret I cannot come over to your house tomorrow, as I will start fasting for next 30 days. Going to be tough for few days until 2nd week, everything is normalise. So no more party for newx Friday...

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Quoting Pat Chiko

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{quote} Regret I cannot come over to your house tomorrow, as I will start fasting for next 30 days. Going to be tough for few days until 2nd week, everything is normalise. So no more party for newx Friday...

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Quoting Pat Chiko

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GBP JPY Scalpping LONG {image}

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Quoting 19monza64

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{quote} what is your TP?

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Quoting Pat Chiko

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{quote} No idea, how about you ?

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Quoting Pat Chiko

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GU The making of Triple Top ? {image}

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Quoting Pat Chiko

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GBP JPY Scalpping LONG {image}

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Quoting Coreg2004

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For the 3rd session today GU is ranging between PP and R1. Even the interest rate hike didn't help to leave the range (up or down). {image}

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Quoting Pat Chiko

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{quote} Thanks Coreg. Maybe I'm out of focus today, hungry and dehydrated on first day of fasting. Should have taken a break from trading, as hungry person is known for not making wise decision..........

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